Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.20 per $10,000 · paid last 24h +0.002%
Price spread now: BloFin against MEXC−0.055%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1161.159% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.202%+$20 · spread now −0.055%, 7d avg +0.026%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.081% cheaper against MEXC than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.026%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC LIGHT_USDT | 0.1806 | 0.0374 | pay 0.0187% / 4h | 26m 41s | $1.4M | $291K | 50x |
| Short | BloFin LIGHT-USDT | 0.1805 | 0.0334 | get 0.0167% / 4h | 26m 41s | $237K | $17K | 10x |
MEXC LIGHT_USDT
BloFin LIGHT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$8.36
- Price spread: −0.055% → +0.026%
- −$8.1
- Slippage, 4 orders
- −$103.88
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$132.34
- Costs to cover
- 1.159%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 5 min ago; BloFin: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy MEXC live order book, 5 min ago | 2.77 bp | 32.7 bp −$33 | 150.0 bp −$1,500 | 264.9 bp −$26.5K | doesn't fit |
| Sell BloFin live order book, 5 min ago | 5.53 bp | 26.2 bp −$26 | 87.2 bp −$872 | doesn't fit | doesn't fit |
LIGHT on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LIGHT-USDT-SWAP | +0.0100% | 4h | 0.1807 | +0.055% | $897K | $1.3M | 10x | as long as short |
| Gate LIGHT_USDT | +0.0100% | 8h | 0.1806 | 0.000% | $2.3M | $564K | 10x | as long as short |
| SunX LIGHT-USDT | +0.0100% | 4h | 0.1803 | −0.166% | $1K | $1.4M | 20x | as long as short |
| Aster LIGHTUSDT | +0.0253% | 4h | 0.1806 | −0.021% | $22K | $6K | 5x | as long as short |
| KuCoin LIGHTUSDTM | +0.0256% | 4h | 0.1804 | −0.122% | $2.0M | $2.5M | 10x | as long as short |
| BloFin LIGHT-USDTshort | +0.0334% | 4h | 0.1805 | −0.055% | $237K | $17K | 10x | |
| MEXC LIGHT_USDTlong | +0.0374% | 4h | 0.1806 | long leg | $1.4M | $291K | 50x | |
| Binance LIGHTUSDT | +0.0374% | 4h | 0.1807 | +0.040% | $4.1M | $3.1M | 10x | as long as short |
| Bybit LIGHTUSDT | +0.0460% | 4h | 0.1806 | +0.011% | $2.2M | $608K | 13x | as long as short |
OKX LIGHT-USDT-SWAP
Gate LIGHT_USDT
SunX LIGHT-USDT
Aster LIGHTUSDT
KuCoin LIGHTUSDTM
Binance LIGHTUSDT
Bybit LIGHTUSDT